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Bill: Income Tax Reforms
Details
Submitted by[?]: Socialistiska Forum
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: October 3485
Description[?]:
| This proposal will have our number of income tax rates halved from 12 to 6. It will see the two lower income tax bands lowered from 23 to 22% for Rate 1 and 25 to 24% for Rate 2. Frederick Angerman VC, Finance Minister |
Proposals
Article 1
We propose to alter income tax brackets to the following setup. Information about the current income tax system can be found here.
| Bracket | Tax | Estimated Revenue |
| > 3,000 TPD | 22% | 11,671,000,000 TPD |
| > 4,100 TPD | 24% | 9,115,000,000 TPD |
| > 5,100 TPD | 27% | 7,298,000,000 TPD |
| > 6,100 TPD | 29% | 5,173,000,000 TPD |
| > 7,100 TPD | 31% | 6,621,000,000 TPD |
| > 8,600 TPD | 34% | 15,258,000,000 TPD | Total | 55,136,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 20:00:24, May 13, 2013 CET | From | Liberaalne Blokk | To | Debating the Income Tax Reforms |
| Message | Mr Chairman We support it Progressive Caucus |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 347 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 152 |
| Random fact: Each user account may only be used by the player who set it up. Handing over an account to another player is not allowed. |
| Random quote: "I have a dream that my four little children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their character." - Martin Luther King Jr. |